India, Jan. 13 -- Most of the Asian equity benchmarks are trading higher on Monday, with the optimism on China's economy and prospects of a signed US trade deal. However, market sentiments weighed after the US Labor Department's closely watched non-farm payroll data showed the pace of job growth slowed for the month of December. Geopolitics is still on the radar over the weekend, as the Iran admitted that it downed a Ukrainian jet after mistaking it for a cruise missile. The Japanese market is closed for the 'Respect for the Aged Day' holiday. Among the Asian markets, South Korea, Taiwan, Indonesia, Shanghai and Hong Kong are trading higher. Bucking the trend, Singapore and Malaysia are in lower note.

Hang Seng increased 235.99 points or 0...